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6 results for 'Bukky Oyedeji'

2024

Five Forces Framework (A) – Background Note

The Five Forces framework, elaborated in a March/April 1979 article in Harvard Business Review by Michael Porter, is widely used to analyse the competitive environment in an industry. It provides insights into the potential profitability of incumbent firms operating within an industry....

2024

Strategic Positioning: Competitive Advantage and Value Creation (A) Overview – Background Note

By Bukky Oyedeji

A firm achieves a competitive advantage when it earns higher economic profits than its competitors in the same industry. This advantage is primarily achieved by creating and delivering more economic value than competitors. Competitive advantage is essential for long-term success and profitability as...

2024

Strategic Positioning: Competitive Advantage and Value Creation (B) Key concepts – Background Note

By Bukky Oyedeji

Definition of competitive advantage: A firm has a competitive advantage when it earns a higher economic profit than its rivals in the same market. This is achieved by creating and delivering more economic value. ā€¢ Value creation: Value creation is central to competitive advantage. It is defined a...

2024

Sustaining Competitive Advantage: Resources and Capabilities (B) Key concepts – Background Note

By Bukky Oyedeji

Sustaining Competitive Advantage: Resources and Capabilities: Key concepts...